on PARROT (EPA:PARRO)
Parrot's Strong First-Half 2026 Performance Boosted by Micro-UAV Growth
The Parrot Group, a leader in professional micro-UAVs, reported a 71% increase in revenues for the first half of 2026, reaching €57.3 million. This growth was primarily driven by the micro-UAV segment, which saw a 134% rise, generating €42.1 million. The group's net income improved to €2.1 million, reversing a significant loss recorded the previous year.
The solid performance also attributed to non-recurring insurance proceeds allowed Parrot to break even for two consecutive semesters. Looking forward, the company anticipates continued double-digit growth in the third quarter fueled by existing contracts and new tenders.
Despite a 3% revenue decrease at current exchange rates in its critical infrastructure solutions unit, Parrot benefited from improved subscription models and strategic contracts, including partnerships in Germany and the US. The expansion of the ANAFI UKR range and the development of the CHUCK 3.0 autopilot remain pivotal for the company's future strategy.
R. H.
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